Dunlop Rubber 32/6 Imp. Chem. Industries 30/9 United Steel 22/1014 Woolworths 48/3 ock Exchange Advances New York, May 20.
The Stock Exchange advanced moderately today with trading somewhat active compared to yesterday but volume was the smallest for full session since August 26, 1940, Adverse market factors increased and included railroad workers' demands for a 30 per cent. wage increase and Treasury Department pro-ossals to jnferease pcope of; tha excess profits tax.
Experts also said that fears the United Stated may be involved in the conflict and uncertainty regarding the next German move was gdeferring market activity.
Economists said that shortages in non-defence industry materials were becoming a major problem.
Reports of the steel industry sai that since August 1. 1914 workers wages have risen 260 per cent, and living costs 41.7 per cent—Un Press.
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